What cost amount of direct materials was charged

Assignment Help Accounting Basics
Reference no: EM132498238

Question - Turco Products uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for September:

Description Amount

September 1 Balance $27,200

For the month Direct materials 162,100

For the month Direct labor 101,300

For the month Factory overhead 79,014

For the month To finished goods(319,000)

Turco applies overhead to production at a predetermined rate of 78 percent based on direct labor cost. Job 9-27, the only job still in process at the end of September, has been charged direct labor of $13,200.

Required - What cost amount of direct materials was charged to Job 9-27?

Reference no: EM132498238

Questions Cloud

What steps you take to design performance management plan : The CEO is interested in establishing a new manufacturing plant in Mexico. As the HR professional, you have been assigned the task of designing a performance.
What is the minimum price : What is the minimum price at which the garage should sell the car with a reconditioned engine fitted? Provide justifications to your answer
What is status after two years if invested at point of time : The rate of interest offered by the fixed deposit of a bank for 365 days & above is 12% what is the status of RS. 20000 after 2 years if it is invested
Define importance of measuring progress in your organization : Discuss the importance of measuring progress in YOUR organization (or your team's project for those who work for organizations that silence is golden).
What cost amount of direct materials was charged : Turco Products uses a job order cost system. September 1 Balance $27,200. What cost amount of direct materials was charged to Job 9-27
What is variance analysis : What is variance analysis? Why do businesses use flexible budgets, and not just static budgets? Explain the benefits of three variance analysis.
How to cite information during a powerpoint : Do you have recommendations on how to cite information during a PowerPoint in the newest "APA format"?
How to record transaction for : How to record transaction for? The owner of Dependable Security Ltd provides you with the trial balance as at 31 March 2019 as well as
SITXCCS007 Enhance customer service experiences Assignment : SITXCCS007 Enhance customer service experiences Assignment help and solution, Acumen Education - assessment writing service

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd